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Technology Stocks : Buying IPOs on the open market

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To: amadeus who wrote (4064)10/29/1999 12:20:00 AM
From: the hube  Read Replies (1) of 5529
 
ARCC over $1B for a company with less than $1 million in CUMULATIVE revenues looks a little rich, IMO. It kind of reminds me of the days 15 years ago, when I got involved with pay telephones--"we have 61 installed, and contracts for 30,000 more"
Deployment will definately be an issue for them as a company. As a short term stock trade (i.e. GOLDMAN), who knows.
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